Meta Platforms Signs $10 Billion Google Cloud Computing Deal Amid AI Race

Meta Platforms Inc. has inked a deal valued at least $10 billion with Google for cloud computing services, as part of the ongoing competition in artificial intelligence technology. The agreement will see Meta leveraging Google's cloud infrastructure to support its operations and enhance its AI capabilities, signaling a significant move in the tech industry landscape.

Meta Hires Apple AI Executive Amidst Hiring Slowdown Plans

Meta Platforms Inc. is recruiting a top Apple Inc. artificial intelligence executive, despite intentions to reduce hiring efforts. The move highlights Meta's focus on strengthening its AI capabilities amidst a planned slowdown in recruitment. The hiring of Frank Chu signals Meta's commitment to advancing its technology and remaining competitive in the industry.

OpenAI Expands Presence in India with New Delhi Office

OpenAI is ramping up its presence in India by opening a new office in New Delhi and beginning to hire locally in the booming South Asian tech market. The move signifies the organization's commitment to expanding its footprint and tapping into the talent pool in India's tech sector.

Eight Sleep secures $100M for AI-driven sleep technology expansion

Sleep tech company Eight Sleep raises $100 million from investors including HSG, Valor Equity Partners, Founders Fund, and Y Combinator, as well as notable figures from the F1 world like Charles Leclerc and Zak Brown. The funding aims to support the company's growth in integrating artificial intelligence into their products for improved sleep quality.

DeepSeek Releases V3.1, Enhancing AI Model Capabilities

DeepSeek unveiled an upgraded version of its V3 artificial intelligence model, now known as V3.1, indicating readiness for testing. The enhanced capabilities of the AI model are expected to offer improved performance and functionality for users in various applications and industries.

OpenAI Introduces Affordable ChatGPT Plan in India

OpenAI has launched a ChatGPT plan in India priced at less than $5, offering increased messaging and image generation capabilities compared to the free tier. The plan aims to make advanced AI technology more accessible and affordable for users in India.

Grammarly Revamped with New Design and AI Features

Grammarly has introduced a new document-based interface, leveraging technology from Coda, a startup it acquired in the previous year. The updated interface includes an AI assistant and various AI tools aimed at enhancing users' writing experience.

Perplexity Adds Live Earnings Call Transcripts for Indian Stocks

AI startup Perplexity enhances its Finance dashboard by offering live transcription of quarterly earnings calls for Indian public companies, along with post-results conference schedules. This feature aims to provide investors and analysts with real-time insights into the performance and strategies of Indian stocks. Perplexity's move signifies a step towards greater accessibility and transparency in the Indian stock market.

SoftBank Invests $2 Billion in Intel for AI Revival

SoftBank Group Corp. surprises by purchasing $2 billion of Intel Corp. stock, aiming to support the struggling US company and enhance its own chip ambitions. The deal is part of SoftBank's push to expand its presence in the US market.

AI-Created Celeb Videos Rage-Bait YouTube Users

Over 100 YouTube channels are using AI to generate fake celebrity videos, attracting viewers with fictional content. Despite their obvious inauthenticity, these 'cheapfake' videos tap into a psychological aspect that hooks people's attention. The trend of AI-generated content on YouTube raises concerns about the manipulation of viewers and the spread of misinformation.